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NoneThe Latest: State funeral for Jimmy Carter will be Jan. 9
Donald Trump's Project 2025: Is big change coming soon?By DAVID McHUGH The Associated Press FRANKFURT, Germany (AP) — Germany’s technology and services company Bosch said Friday it planned to reduce its automotive division workforce by as many as 5,500 jobs in the next several years in another sign of the headwinds hitting the German and global auto industries. The company cited stagnating global auto sales, too much factory capacity in the auto industry compared with sales prospects and a slower than expected transition to electric-powered, software-controlled vehicles. The news comes two days after Ford Motor Co. announced plans to drop 4,000 jobs in Europe , and with Volkswagen employees threatening work stoppages over what they say management has told them are plans to close as many as three factories in Germany. Revenue at Stellantis , created through the 2021 merger of PSA Peugeot and Fiat Chrysler Automobiles, tumbled 27% in its most recent quarter that ended this fall. Auto sales have slowed this year in Europe as consumers stung by inflation hold back on spending, while automakers have sunk billions into developing electric cars only to see slower sales than expected and new competition from cheaper Chinese brands. The German government abruptly cancelled purchase incentives at the end of last year, sending electric vehicles sales in that country down by 27% over the first nine months of this year. Some 3,500 of the job reductions at Bosch would come before the end of 2027 and would hit the part of the company that develops advanced driver assistance and automated driving technologies, as well as centralized vehicle software, said Bosch, which is headquartered in Gerlingen near Stuttgart. About half those job reductions would be at locations in Germany. “The auto industry has significant overcapacities,” the company said in a statement. “In addition, the market for future technologies is not developing as originally expected ... At the moment, many projects in this business area are being put off or abandoned by automakers.” In addition, 750 jobs would be lost at a plant in Hildesheim, Germany by end 2032, 600 of those by the end of 2026. A plant in Schwaebisch Gmund would lose some 1,300 over between 2027 and 2030. The reductions are still in the planning stage and final numbers would have to be agreed with employee representatives and carried out in what the company said would be a socially responsible way. While automakers put their names on the cars they sell, most of the car is actually made by a series of suppliers Some 230,000 people work for Bosch’s mobility division, out of a global workforce of 429,000. In addition to its business as an auto industry technology supplier Bosch makes factory and building equipment and software across a range of products including industrial boilers and waste-heat recovery systems, video security systems, and power tools.
An accidental chief minister Edappadi Palaniswami (EPS) on Sunday celebrated the centenary year of another accidental chief minister S Janaki, who took the post in 1987 following the death of her husband and AIADMK’s founder MGR’s (MG Ramachandran’s) death, to become Tamil Nadu’s first woman chief minister but could hold on to the position only for 24 days. Janaki lost out on support to J Jayalalithaa who began to head the AIADMK from 1989. Following Jayalalithaa’s death in office in 2016, EPS who was nowhere close to the race was handpicked to become chief minister and who is now the leader of opposition and AIADMK’s general secretary on Sunday planned a mega event in Chennai. It comes at a time when the AIADMK is at its lowest with the party losing every election since Jayalaalithaa’s death. And while it has splintered into factions with EPS refusing to take back the trio he expelled – VK Sasikala who made him the chief minister, her nephew TTV Dhinakaran and O Panneerselvam with whom he jointly led the AIADMK and the state for five years until 2022. EPS said: “It is normal for a change in government but AIADMK will emerge victorious in the 2026 assembly elections. We are a family party of cadres. We are not like the DMK which is a party of (late) M Karunanidhi’s family.” “Only those in his family can become leaders of the party and govern the state. But, in AIADMK anyone who works hard and is loyal can become the general secretary of the party and even become chief minister,” he said, while referring to the trio he expelled for going against the party’s principles and targeting the elevation of Karunanidhi’s grandson and chief minister MK Stalin’s son Udhayanidhi as deputy chief minister in September. EPS went on to further compare the AIADMK and the ruling DMK. “We have ruled Tamil Nadu much longer than the DMK. We have ruled for 31 years,” EPS said. “And we gave good governance. Tamil Nadu is in the forefront now because of the schemes laid out by the AIADMK.” At the event, there was an AI generated video of MGR addressing the cadre and praising EPS for following the footsteps of him and Jayalalithaa. Actor Rajinikanth, who couldn’t attend the event, released a video message praising Janaki for handing over the party to Jayalalithaa which led to the factions of the two women to unite under the AIADMK after MGR’s death. Though Rajinikanth is a non-starter in politics, his comments back in the 90s swayed Tamil Nadu’s vote bank. Jayalalithaa lost the 1996 assembly election which has historically been linked to Rajinikanth saying that “even God can’t save Tamil Nadu” if she is voted back to power. “The ‘Two Leaves’ symbol is the Brahmastra of the AIADMK, and madam Janaki played a key role in its retrieval after it was frozen,” said Rajinikanth after the iconic symbol was frozen following MGR’s death and the split. “It was a great sacrifice, and I congratulate the AIADMK for celebrating her centenary.” Janaki had lost the vote of confidence in the assembly before renouncing the reins of the AIADMK. Meanwhile, deputy chief minister Udhayanidhi Stalin criticised EPS of leading the AIADMK in a poor way that nobody wants to join their alliance. After the EPS led AIADMK broke of its alliance with the BJP last September, most of the allies except the Desiya Murpokku Dravida Kazhagam (DMDK) stayed with the national party. “AIADMK’s treasurer Dindigul Srinivasan is himself saying at a party meeting that certain parties were demanding ₹ 100 crore to join their alliance,” Udhayanidhi said. “This shows the state of the AIADMK alliance. But, our DMK-led secular progressive alliance is united and has proven to be a winning coalition.” Responding to EPS who questioned his elevation, sports minister Udhayanidhi said that he was not like EPS who fell on Sasikala’s feet to get the post to head the AIADMK and become chief minister. “My rise from youth wing secretary to MLA, minister, and now deputy chief minister is built on hard work and the people’s trust,” Udhayanidhi said.Trump pledges unity — then says rivals ‘should go to jail’
CHICAGO (AP) — Two-time NBA scoring champion Joel Embiid returned to the Philadelphia 76ers' starting lineup against the Chicago Bulls on Sunday. After missing his first seven shots and ambling deliberately in his left knee brace in the first quarter, the 2023 MVP went on a tear to propel the Sixers to a 108-100 win over the Chicago Bulls. Embiid connected on eight of his next 10 shots in the second quarter for his first 19 points of the game, which lifted Philadelphia to a 62-50 halftime lead. The Sixers stretched it to 19 before holding on for their fourth win in five games, and Embiid finished with 31. “I just got lucky and started making shots,” Embiid deadpanned when he talked to reporters almost 90 minutes after the game. “We just missed shots and we adjusted and we got them in.” Embiid, a seven-time All-Star, added 12 rebounds in his fifth game this season. The 7-foot center had missed the previous seven games because of knee injuries and a three-game suspension for pushing a sports columnist. Embiid finished slightly above his career average of nearly 27.8 points per game in 33 minutes. The Sixers don't play again until Friday thanks to the NBA Cup, so coach Nick Nurse planned to give his star ample work Sunday with a break and recovery time ahead. “All of a sudden he certainly caught fire there with a little bit of variety,” Nurse said. “I know a lot of it seemed like foul-line jumpers, which it was. He snuck in a roll or two and a couple of post-ups. It gave us a lot of confidence.” The Sixers trailed 33-23 after the first quarter. Behind Embiid and a 16-0 run in the second, they took the lead for good. Chicago got within four points twice in the fourth, but Philadelphia closed it out. “We guarded really well and we rebounded extremely well at both ends,” Nurse said. Tyrese Maxey got his first career triple-double as part of the winning formula and clicked with Embiid. Maxey finished with 25 points, 14 assists and 11 rebounds. “It was great, that's who he is,” Maxey said of Embiid. “After he got in the game it's easy, it was easier, man. There was a lot more space out there.” The All-Star trio of Embiid, Maxey and Paul George (12 points) played together for only the second game this season. “Obviously we've got the connection,” Embiid said. "We know when things are not going right, what we need to do. Now it's up to us to make the shots and the plays. “After that first quarter, it just felt like we needed to take more of an ownership as far as getting us back in the game. They're great players.” AP NBA: https://apnews.com/hub/nba
RESEARCH TRIANGLE PARK, N.C. , Nov. 27, 2024 /PRNewswire/ -- Charles & Colvard, Ltd. ("Charles & Colvard" or the "Company") (Nasdaq: CTHR) today announced that on November 21, 2024 , it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it was not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires the timely filing of all required periodic reports (the "Listing Rule"), as a result of not having timely filed its Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2024 (the "Form 10-Q"), and because the Company remains delinquent in filing its Form 10-K for the fiscal year ended June 30, 2024 (the "Form 10-K"), with the Securities and Exchange Commission (the "SEC"). The Form 10-Q was due on November 14, 2024. The Company filed a Notification of Late Filing on Form 12b-25 with the SEC on November 15, 2024. The Notice has no immediate effect on the listing or trading of the Company's common stock on Nasdaq. Under Nasdaq rules, the Company has until December 17, 2024 , to regain compliance with the Listing Rule or to submit to Nasdaq a plan to regain compliance with the Listing Rule (the "Plan"). If Nasdaq accepts the Company's Plan, then Nasdaq may grant the Company up to 180 calendar days from the Form 10-K filing due date, or until April 14, 2025 to file its Form 10-K and Form 10-Q and regain compliance. If Nasdaq does not accept the Company's Plan, then the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel. The Company is working diligently to complete its Form 10-K and Form 10-Q and plans to file its Form 10-K and Form 10-Q as promptly as practicable to regain compliance with the Listing Rule. About Charles & Colvard, Ltd. Charles & Colvard, Ltd. (Nasdaq: CTHR) believes that fine jewelry should be as ethical as it is exquisite. Charles & Colvard is the original creator of lab grown moissanite (a rare gemstone formed from silicon carbide). The Company brings revolutionary gems and fine jewelry to market by using exclusively Made, not MinedTM above ground gemstones and a dedication to 100% recycled precious metals. The Company's Forever OneTM moissanite and Caydia ® lab grown diamond brands provide exceptional quality, incredible value and a conscious approach to bridal, high fashion, and everyday jewelry. Charles & Colvard was founded in 1995 and is based in North Carolina's Research Triangle Park region. For more information, please visit https://www.charlesandcolvard.com/ . Forward-Looking Statements This press release contains a number of forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as "plan," "expect," "will," "working," and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. These forward-looking statements include, but are not limited to, the expected filing of its Form 10-K and ability to regain compliance under the Nasdaq listing rule. These forward-looking statements are not guarantees of future results and are subject to a number of risks and uncertainties, many of which are difficult to predict and beyond our control. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company's filings with the Securities and Exchange Commission, including the risks and uncertainties described in more detail in our filings with the SEC, including our Annual Report on Form 10-K for the fiscal year ended June 30, 2023 and subsequent reports filed with the SEC. For example, there can be no assurance that the Company will regain compliance with the Listing Rule during any compliance period or in the future, or otherwise meet Nasdaq compliance standards. Forward-looking statements speak only as of the date they are made. The Company disclaims and does not undertake any obligation to update or revise any forward-looking statement in this press release, except as required by applicable law or regulation and you are urged to review and consider disclosures that we make in the reports that we file with the SEC that discuss other factors relevant to our business. View original content to download multimedia: https://www.prnewswire.com/news-releases/charles--colvard-ltd-receives-non-compliance-letter-from-nasdaq-302317543.html SOURCE Charles & Colvard, Ltd.
12. Clemson Tigers 10-3 (7-1 Atlantic Coast Conference regular season) What's next: First-round at No. 5 seed Texas, Dec. 21 Head coach: Dabo Swinney (17th season, 180-46 overall) About Swinney: The 55-year-old, who is 6-4 in the CFP, took over during the 2008 season and has won two national titles (2016, 2018). He will take the Tigers to the CFP the first time since the 2020 season and the seventh time overall. Resume The Tigers, the only three-loss team in the 12-team field, were in a must-win situation in the ACC championship game, prevailing on a last-second, 56-yard field goal to defeat SMU 34-31. Clemson lost two games to SEC opponents (Georgia and South Carolina) this season. The Tigers' other defeat came at home to Louisville. The matchup with Texas will be Clemson's first true road game against the SEC this season. Postseason history A nine-time winner of the ACC Championship Game, the Tigers notched a double-figure win total for the 13th time in the last 14 seasons. Along with its two national titles, Clemson reached the title game two other times (2019 and 2015). This will be the first Clemson-Texas matchup. The road to Atlanta It will be a tricky road for the Tigers to reach the CFP title game in Atlanta at a venue familiar to Clemson fans. The Tigers will take at least two and maybe three trips outside of their own time zone to qualify for the final. Names to know QB Cade Klubnik Klubnik, a Texas native, has been taking snaps in crucial situations since a limited role as a freshman in 2022, when he rescued the Tigers in an ACC Championship victory vs. North Carolina. Sporting a 19-8 career record as a starter, Klubnik has thrown for 3,303 yards and 33 touchdowns along with five interceptions this season. He tossed four TDs in the ACC title game Dec. 7 against SMU after receiving All-ACC honorable mention following the regular season. "He's battle-tested," Swinney said. "He has got a lot of experience under his belt. He has had some failure, which has made him better." RB Phil Mafah The senior has racked up 1,106 rushing yards with eight touchdowns this season and has 28 career scores. Mafah has averaged fewer than 17 carries per game, so he makes the most of his opportunities, and at 230 pounds he can be a load to bring down. DE T.J. Parker He's been disruptive on a regular basis, racking up 19 tackles for loss (11 sacks) this season. The 265-pound sophomore helped set the tone in the ACC title game when the Tigers feasted on early SMU mistakes. Parker is tied for the Division I lead with six forced fumbles this season. K Nolan Hauser The freshman joined the Tigers this season with great acclaim and produced a career highlight with a 56-yard game-winning field goal -- the longest in ACC title game history -- to beat SMU at the buzzer. --Field Level Media